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Sunday, December 10, 2023

State forestry company posts record profit

By: J.S., STA

SiDG, the state-owned forest management company, posted a net profit of EUR 14 million for last year, up 87% on the year before and 83% above plans.

Revenue rose by about a quarter to EUR 71 million and the EBITDA margin rose to 27% from 19% last year, the company said.


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